Supporters of the Current System of Bank of Canada Independence

question 66

Multiple Choice

Supporters of the current system of Bank of Canada independence believe that a less autonomous Bank would ________.

• A) adopt a short-run bias toward policymaking
• B) pursue overly expansionary monetary policies
• C) be more likely to create a political business cycle
• D) do each of the above

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Definitions:

Micturition Reflex

A reflex leading to the urge to urinate, initiated by the stretching of the bladder.

Urinary Bladder

A muscular sac in the pelvis that stores urine from the kidneys before it is excreted out of the body through urination.

External Urinary Sphincter

A muscular mechanism that controls the retention and release of urine from the bladder.

Ureteral Openings

The points at which the ureters, tubes that carry urine from the kidneys, connect to the bladder.